Token
Definition of
Token
A Token is a representation of an asset or utility of projects that are built on Ethereum which acts as a medium for creation and execution of dAPPs and smart contracts. Blockchain-based initiatives typically coin their own tokens using token generation process and create them according to their purpose such as security tokens for investments, utility tokens for application access, and cryptocurrency for financial transactions.
Related Terms
Related Services
Related Industries
Stay in the Loop!
Related Content
Our Managed Services Model
Learn how our managed services are designed to shoulder all operational responsibilities, offering clients streamlined, process-based operations under a flat monthly fee, allowing them to focus on growth.
How BUNCH Became a 24/7 Operations Powerhouse
Our 24/7 outsourcing services ensure seamless, efficient operations for businesses worldwide. From shift scheduling to cultural sensitivity, we guarantee continuous support in all time zones.
Ethical Supply Chain: Your Reputation Extends to Your Outsourced Teams
Explore the importance of ethical supply chain management in outsourcing. Learn how BUNCH ensures fair wages, strict working conditions, comprehensive mental health support, and end-to-end compliance to maintain integrity and enhance your brand's reputation.
Scaling Data Labeling Teams Without Compromising on Quality
Discover how companies can scale data labeling for ML models without sacrificing quality. Learn about double-pass annotation, AI integration, dedicated teams, continuous training, and robust project management to maintain precision and efficiency.
How We Are Obsessed About Data Quality and Why
We understand the importance of reliable data quality for training datasets and precision in moderating user-generated content. Learn how we apply rigorous QA in all our processes.